Market Currents
Kayne Anderson Midstream (KMF) gained 32% in the last 12 months, the best return of 259 energy...
-
Wednesday, December 5, 2012, 2:29 PM ETKayne Anderson Midstream (KMF) gained 32% in the last 12 months, the best return of 259 energy MLPs with $100M-plus, and fund manager Kevin McCarthy thinks it's only the beginning. But KMF is more volatile than most MLPs; ~30% of its portfolio is paid for with borrowed money, meaning the leverage boosts returns when the portfolio does well and worsens the pain when it falls.
Other date
Latest Energy & Materials Articles
